International Assets Investment Management LLC Has $3.07 Million Stock Holdings in Carnival Co. & plc (NYSE:CCL)

International Assets Investment Management LLC trimmed its holdings in shares of Carnival Co. & plc (NYSE:CCL) by 95.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 122,645 shares of the company’s stock after selling 2,887,544 shares during the quarter. International Assets Investment Management LLC’s holdings in Carnival Co. & were worth $3,067,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of CCL. State Street Corp grew its stake in shares of Carnival Co. & by 5.9% in the third quarter. State Street Corp now owns 41,426,562 shares of the company’s stock worth $765,563,000 after purchasing an additional 2,301,906 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Carnival Co. & in the 2nd quarter worth about $466,838,000. Geode Capital Management LLC lifted its holdings in shares of Carnival Co. & by 3.5% in the third quarter. Geode Capital Management LLC now owns 24,027,160 shares of the company’s stock valued at $442,515,000 after purchasing an additional 811,692 shares in the last quarter. Marshall Wace LLP grew its holdings in Carnival Co. & by 510.5% during the second quarter. Marshall Wace LLP now owns 10,331,092 shares of the company’s stock worth $193,398,000 after buying an additional 8,638,865 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in Carnival Co. & by 43.6% during the 2nd quarter. Renaissance Technologies LLC now owns 9,585,200 shares of the company’s stock valued at $179,435,000 after acquiring an additional 2,911,100 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on CCL shares. Macquarie boosted their target price on Carnival Co. & from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Thursday, October 3rd. Stifel Nicolaus boosted their price target on shares of Carnival Co. & from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Monday, December 23rd. Bank of America lifted their price objective on shares of Carnival Co. & from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Mizuho increased their target price on shares of Carnival Co. & from $26.00 to $32.00 and gave the company an “outperform” rating in a research report on Thursday, December 5th. Finally, Barclays lifted their price target on shares of Carnival Co. & from $31.00 to $32.00 and gave the stock an “overweight” rating in a report on Monday, December 23rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $26.85.

Carnival Co. & Stock Down 0.5 %

Shares of CCL traded down $0.11 during mid-day trading on Wednesday, reaching $23.73. The company had a trading volume of 4,093,033 shares, compared to its average volume of 18,565,965. Carnival Co. & plc has a 52 week low of $13.78 and a 52 week high of $27.17. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.26 and a current ratio of 0.30. The company has a market capitalization of $27.39 billion, a price-to-earnings ratio of 21.19 and a beta of 2.64. The firm has a 50-day moving average price of $24.93 and a 200 day moving average price of $20.27.

Carnival Co. & (NYSE:CCL) last issued its quarterly earnings results on Friday, December 20th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.06. Carnival Co. & had a return on equity of 22.30% and a net margin of 6.39%. The firm had revenue of $5.94 billion during the quarter, compared to the consensus estimate of $5.94 billion. During the same period last year, the company earned ($0.07) earnings per share. The company’s revenue was up 10.0% on a year-over-year basis. On average, sell-side analysts forecast that Carnival Co. & plc will post 1.33 EPS for the current year.

Insider Buying and Selling at Carnival Co. &

In other Carnival Co. & news, Director Sir Jonathon Band sold 17,500 shares of Carnival Co. & stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $21.72, for a total value of $380,100.00. Following the sale, the director now owns 65,789 shares of the company’s stock, valued at $1,428,937.08. The trade was a 21.01 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 11.00% of the company’s stock.

Carnival Co. & Company Profile

Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.